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Signing off his speech, Sir Jacob said: "And one final thought, from Caractacus Potts, and that is from the ashes of disaster grow the roses of success. So thank you very much everybody, and good night."

“When they fired the cannon Old Master called out to John to fetch his horse Caractacus from the stable and rode off.”

A windmill that was used as Caractacus Potts's home in the 1967 film Chitty Chitty Bang Bang has gone up for sale.

"The things that we found out, it did seem like he was a kind of Wallace and Gromit or Caractacus Potts type," says Taylor.

He was the youngest jockey to win that race since 16-year-old John Parsons triumphed in 1862 on a horse called Caractacus.